7,060 Employee Stock Options Vested Under ESOP Scheme 2025
The Nomination and Remuneration Committee approved vesting of 7,060 employee stock options on October 1, 2026, out of 22,980 options granted on 23.09.2025 under ESOP Scheme 2025.
- Options Vested
- 7,060 employee stock options
- Total Options Granted
- 22,980 options granted on 23.09.2025
- Exercise Price
- Rs.70/- per share
- Face Value
- Rs. 10/- each
- Exercise Window
- 1 year from vesting date (October 1, 2026)
What was shared
The company informed BSE and NSE that its Nomination and Remuneration Committee approved the vesting of 7,060 employee stock options on October 1, 2026 under the Employee Stock Option Scheme 2025.
Key details
- Options granted: 22,980 options to eligible employees on 23.09.2025
- Options vested now: 7,060 equity shares of Rs. 10/- each
- Exercise price decided by the Committee on the basis of a valuation report: Rs.70/- per share
- Exercise window: 1 (one) year from the date of vesting
How the scheme works
The ESOP Scheme 2025 is administered through an ESOP Trust, which is authorised to purchase shares from the secondary market to facilitate ESOP exercises. The company states the scheme is in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
On resignation or termination (other than for misconduct), vested options as on the resignation date may be exercised within 90 (ninety) days, while unvested options stand cancelled. In case of termination, both vested-but-unexercised and unvested options stand cancelled from that date.
How to read it
Vesting simply means employees have now earned the right to buy those shares at Rs.70/- each within the next year. No options have been exercised yet. Because the trust sources shares from the secondary market, this is a routine employee-incentive step rather than a large capital event.
More numbers
- Options vested7,060 employee stock options
- Options granted22,980 options
- Exercise/issue price per shareRs.70/- per share
- Face value per shareRs. 10/- each
- Exercise period from vesting1 (One) year
- Exercise window after resignation90 (Ninety) days
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